Electronic invoices encourage organizations to discontinue the use of paper invoices, replacing them with a digital version of an electronically_generated tax document, which has the same legal validity as the traditional version and preserves a faithful record of all commercial transactions. In this way, the entire billing process can be administered electronically. However, it is important to remember that amount of Value Added Tax must be included on every Invoice.
Itemized List of Services _ must be specific People want to know what they've paid for. Most people will not pay for something described merely as "Design." Tell them exactly what they have received: e.g. "Design of three_page static website for Sporting Goods Department." Be as specific as possible. In five years, would both you and the client know what you meant by your description? Also, specify whether the charge is project_based or hourly. Include Your Terms _ must be clear When do you expect the client to pay you? What happens if they miss the deadline? To be able to send follow_up or overdue notices or to charge interest, you need a rock_solid paper trail that no one can argue with.
The decision to automate Accounts Payable _ Their Accounts Payable (AP) department consisted of 13 people processing in the region of 180ꯠ invoices per year from suppliers across Europe. Invoices need to be approved by 250 individuals from 3 offices in the UK, 11 depots and 2 manufacturing plants, in addition to users in mainland Europe.